Procedural Vue-like materials with Cycles
I would say yes.
Here is an example I made in a few minutes entirely with material nodes:

Node setup:

Note that the color ramp near the bottom of the screenshot is going from 0 to 3 (to make the displacement stronger). To make colors darker or lighter than 1 or 0 you must type the values in directly.
Also note that the above image is rendered with Cycles experimental displacement.
To enable this you must enable experimental features in Properties &gt; Render settings &gt; Render &gt; Feature Set:

This enables the Displacement settings in Properties &gt; Object Data.